Armor Investment Advisors LLC Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Armor Investment Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 184,336 shares of the company’s stock after acquiring an additional 14,282 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 4.4% of Armor Investment Advisors LLC’s portfolio, making the stock its 6th largest holding. Armor Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,605,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4,498.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after acquiring an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $51,202,000. World Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares in the last quarter. Finally, Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $59.09 on Tuesday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm’s 50 day simple moving average is $58.65 and its 200 day simple moving average is $58.69.

JPMorgan Equity Premium Income ETF Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.